Latest New York Headlines
All the headlines from our New York Topic Page, ordered by recency.
New York Announces Task Force to Combat Heroin, Opioid Abuse
May 11 2016 // New York Gov. Andrew Cuomo on Tuesday announced he’s forming a new statewide task force to combat heroin and opioid abuse. Cuomo said the task force is comprised of experts in healthcare, drug policy, advocacy,...
Uber to Start Guild for 35K Drivers in New York City
May 11 2016 // Uber Technologies Inc. agreed to start a guild for 35,000 drivers in New York that will help them negotiate with the ride-hailing company, though the group will have less power to resolve disputes than a full-fledged...
Investigation of $81M Bangladesh Bank Heist Uncovers 3 Hacker Groups: Sources
May 11 2016 // Investigators examining the theft of $81 million from Bangladesh’s central bank have uncovered evidence of three hacking groups — including two nation states — inside the bank’s network but say it...
New York Launches Website for Extreme Weather
May 10 2016 // New York is launching a website to help communities across the state prepare for extreme weather. The website created by the New York State Energy Research and Development Authority (NYSERDA) provides access to more than...
New York Regulator Approves New Virtual Currency Exchange
May 10 2016 // New York state has approved regulations allowing a new virtual currency called Ether. Gov. Andrew Cuomo, a Democrat, and the state’s Department of Financial Services announced the move on May 5. The regulations will...
CMS Acquires Diversified Professional Risk Managers in New York
May 10 2016 // CMS LLC, an insurance wholesaler based in Melville, New York, announced that it has acquired Diversified Professional Risk Managers in Rockville Centre, New York. Terms of the transaction were not disclosed. Established in...
NYS Insurance Fund Adds QR Code to Workers’ Comp Certificates
May 9 2016 // The New York State Insurance Fund (NYSIF) is adding a new feature to its certificates of insurance. NYSIF said all NYSIF workers’ compensation certificates now include a QR (quick response) code, which can be scanned...
As Once-Mighty Politician Gets Prison, Albany Moves On
May 5 2016 // As former New York Assembly Speaker Sheldon Silver was being sentenced to 12 years in prison for corruption, many of the politicians he once served with were passing legislation to outlaw commercial bass fishing in the...
New York to Ensure Benefits Continue for 9/11 Volunteers
May 4 2016 // New York Gov. Andrew Cuomo announced Monday that the 2016-17 state budget includes $9 million to cover the cost of lost wages and health care expenses for volunteers who contracted illnesses at the World Trade Center site...
Walsh Duffield Acquires Don Allen Agency in New York
May 4 2016 // Walsh Duffield Companies Inc., an independent insurance agency based in Buffalo, New York, announced that it has acquired Don Allen Agency Inc., based in Rochester, New York. Terms of the transaction, which became...
New York Prison Guard Accused of Workers’ Comp Fraud
May 3 2016 // New York’s inspector general says a state prison guard has been charged with fraud and grand larceny, accused of stealing more than $38,000 in sick leave and workers’ compensation benefits by falsifying medical...
Geico to Hire More Than 100 New Associates in New York
May 3 2016 // Geico said it plans to hire more than 100 new associates in its Buffalo, New York, office for additional positions in claims, sales and service. Geico, the largest auto insurer in New York State, said its policyholder base...
Greater New York Insurance Companies Expands to Maine Market
May 2 2016 // Greater New York Insurance Companies (GNY), a super-regional carrier in commercial property/casualty insurance, announced it will begin issuing policies in Maine beginning May. “Many New England business owners and...
Liability Insurers Win Right to Question NFL Executives, Doctors in Concussion Cases
May 2 2016 // National Football League executives may for the first time have to testify about what they knew of concussion risks after a judge cleared the way for questions from insurers who are suing to avoid paying more than $1...
People – East
May 2 2016 // The Independent Insurance Agents and Brokers of New York (IIABNY) announced that president and CEO Richard Poppa will retire at the end of 2016 after leading the association for 20 years. Poppa has served as IIABNY’s...
New York: Health Insurers Must Pay for Maternal Depression Screening
Apr 29 2016 // New York state will soon require health insurers to cover depression screening for pregnant women and new mothers. The move follows a recommendation from a federal panel that insurers cover maternal depression screening...
Hackers in Bangladesh Bank Cyber Heist Pocketed About $70M; NY Fed Criticized
Apr 29 2016 // Hackers are likely to get away with about $70 million of Bangladesh’s foreign reserves after a brazen cyber-attack against the South Asian nation, according to Finance Minister Abul Maal Abdul Muhith. The Philippines...
New York Urges Tighter Rules, More Insurance for Oil Trains
Apr 27 2016 // New York state’s comptroller urged federal authorities Tuesday to strengthen safety measures against oil spills and require trains to carry sufficient insurance to cover cleanup costs from major...
UJA-Federation of New York to Honor Casserley, Dangelo, Hershman
Apr 27 2016 // UJA-Federation of New York, a philanthropic organization, announced three honorees to be recognized at this year’s General Insurance Annual Dinner. The event will be held on May 31 at Grand Hyatt New York in...
Kingstone Hires AIG Exec Delaney as Senior VP in New York
Apr 27 2016 // Kingstone Companies Inc., a multi-line regional property/casualty insurance holding company based in New York, announced that David Delaney has joined the senior management team at its subsidiary Kingstone Insurance...
